An association or service corporation which acts as an escrow agent shall not conduct business under a corporate or fictitious name similar to the name of any escrow agent engaged in the escrow business in the same competitive locality or area.

Note: Authority cited: Section 8053, Financial Code. Reference: Section 6521, Financial Code.

History

1. New section filed 12-7-88; operative 1-6-89 (Register 88, No. 52).